RTX (NYSE:RTX) Stock Jumps 3.6% – Here’s What Happened

Posted by Geri Gentry on Nov 9th, 2026

RTX Corporation (NYSE:RTX – Get Free Report)’s stock price was up 3.6% on Monday. The company traded as high as $197.00 and last traded at $196.3480. 3,902,087 shares traded hands during mid-day trading, a decline of 28% from the average session volume of 5,394,537 shares. The stock had previously closed at $189.53.

More RTX News

Here are the key news stories impacting RTX this week:

Positive Sentiment: Raytheon, an RTX business, completed its third successful flight test of the DeepStrike JR3 system for the U.S. Army’s Joint Reduced Range Rocket program. The test demonstrated a reusable pod and an affordable training round for a system intended to replace the Army’s existing practice rocket—progress that may strengthen Raytheon’s position as the Army addresses training needs. RTX Raytheon flight test announcement
Neutral Sentiment: The announcement is a development milestone, not a disclosed contract award; the articles provide no new financial guidance or estimate of the program’s potential revenue. Most other headlines supplied concern Nvidia graphics cards and are unrelated to RTX Corporation.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on RTX. Royal Bank Of Canada decreased their target price on shares of RTX from $250.00 to $235.00 and set an “outperform” rating on the stock in a research report on Thursday, October 15th. Deutsche Bank Aktiengesellschaft lowered RTX from a “buy” rating to a “hold” rating and set a $208.00 price target on the stock. in a research note on Tuesday, October 13th. Susquehanna raised their price objective on RTX from $235.00 to $245.00 and gave the stock a “positive” rating in a report on Friday, July 24th. Argus set a $245.00 price objective on RTX and gave the company a “buy” rating in a research report on Thursday, July 30th. Finally, TD Cowen dropped their target price on RTX from $240.00 to $225.00 and set a “buy” rating for the company in a research note on Friday, October 9th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, RTX currently has an average rating of “Moderate Buy” and a consensus price target of $231.24.

Read Our Latest Report on RTX

RTX Trading Up 3.6%

The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.81 and a current ratio of 1.05. The firm has a market capitalization of $264.96 billion, a price-to-earnings ratio of 31.87, a P/E/G ratio of 2.11 and a beta of 0.30. The business has a fifty day moving average price of $193.46 and a 200 day moving average price of $195.52.

RTX (NYSE:RTX – Get Free Report) last issued its earnings results on Tuesday, October 20th. The company reported $2.26 earnings per share for the quarter, beating analysts’ consensus estimates of $1.78 by $0.48. RTX had a return on equity of 14.89% and a net margin of 8.75%. The firm had revenue of $24.96 billion for the quarter, compared to analysts’ expectations of $24.11 billion. During the same quarter last year, the firm earned $1.70 earnings per share. The firm’s revenue for the quarter was up 11.1% compared to the same quarter last year. As a group, equities analysts forecast that RTX Corporation will post 7.68 earnings per share for the current year.

RTX Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Friday, November 20th will be issued a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Friday, November 20th. RTX’s dividend payout ratio (DPR) is 47.40%.

Insider Activity

In related news, EVP Dantaya M. Williams sold 9,071 shares of the stock in a transaction that occurred on Friday, October 30th. The shares were sold at an average price of $201.70, for a total transaction of $1,829,620.70. Following the completion of the sale, the executive vice president owned 16,930 shares of the company’s stock, valued at approximately $3,414,781. This represents a 34.89% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Ramsaran Maharajh sold 13,655 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $223.92, for a total transaction of $3,057,627.60. Following the completion of the transaction, the executive vice president owned 13,184 shares in the company, valued at $2,952,161.28. The trade was a 50.88% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.10% of the company’s stock.

Institutional Investors Weigh In On RTX

Several institutional investors have recently bought and sold shares of the business. BlackRock Inc. purchased a new position in RTX in the second quarter valued at about $20,970,571,000. State Street Corp boosted its position in shares of RTX by 3.1% in the second quarter. State Street Corp now owns 95,417,318 shares of the company’s stock worth $18,103,528,000 after buying an additional 2,828,056 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of RTX by 5.0% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,693,939 shares of the company’s stock valued at $1,649,501,000 after buying an additional 411,356 shares in the last quarter. Amundi grew its stake in shares of RTX by 4.0% in the second quarter. Amundi now owns 7,768,207 shares of the company’s stock valued at $1,473,862,000 after buying an additional 295,964 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in shares of RTX during the 2nd quarter valued at about $1,456,256,000. 86.50% of the stock is currently owned by hedge funds and other institutional investors.

About RTX

(Get Free Report)

RTX Corporation is an aerospace and defense company whose businesses include Collins Aerospace, Pratt & Whitney and Raytheon. The company serves commercial aviation, military and government customers around the world.

Collins Aerospace develops aircraft systems and components, including avionics, communications, flight controls and cabin equipment. Pratt & Whitney designs and manufactures aircraft engines and provides related maintenance services. Raytheon develops defense systems and technologies, including air and missile defense, sensors and precision weapons.

RTX was formed in 2020 through the combination of Raytheon Company and United Technologies Corporation.